Search Results for: visa exemption
- Thailand News
Chinese foreign minister begins four-day visit to Thailand
Chinese State Councillor and Foreign Minister Wang Yi will sign a Thailand-China visa exemption agreement during his much-anticipated four-day official visit to Thailand. Wang Yi and his Thai counterpart, Parnpree Bahiddha-Nukara, are prepared to co-sign the Agreement on Mutual Visa Exemption. This deal will reshape the travel landscape for ordinary passport holders and passport-wielding public figures starting March 1. Starting…
- Thailand News
Germany backs Thailand’s pursuit of becoming regional EV hub
Germany pledged to increase its stake in the electric vehicle (EV) sector in Thailand, paving the way for the nation to emerge as a regional EV hub, according to Prime Minister Srettha Thavisin. This announcement was made during a press briefing on Thursday, following a discussion with Frank-Walter Steinmeier, President of Germany, who is on a three-day official visit to…
- Thailand News
Clean sweep: German president and Thai PM forge ties
In a diplomatic meeting, German President Dr Frank-Walter Steinmeier met with Prime Minister Srettha Thavisin today, with promises for a cleaner, more empowered Thailand. Amidst discussions held at the Santi Maitree Building within the Government House compound, President Steinmeier pledged unwavering support for Thailand’s green ambitions. Government spokesperson Chai Wacharonke revealed that the German president committed to projects aimed at…
- Thailand News
Thailand aims to become Asian aviation hub, says Thai PM
Prime Minister Srettha Thavisin outlined plans to transform Thailand into an Asian aviation hub. The announcement was made during his keynote speech at the Thailand 2024 The Great Challenges event. He highlighted the government’s focus on tourism and the introduction of several measures to boost the industry, including reciprocal visa exemption programmes. A reciprocal visa exemption deal will be signed…
- Business News
Thailand targets 23.1 million MICE visitors by fiscal 2024
The Thailand Convention and Exhibition Bureau (TCEB) has set a target to attract a minimum of 23.1 million meetings, incentives, conferences, and exhibitions (MICE) visitors by fiscal 2024. Through this, they aim to generate a revenue of 136 billion baht, which equates to 75% of the income recorded in 2019. TCEB President Chiruit Isarangkun Na Ayuthaya noted that the challenge…
- Crime News
Hells Angels chief’s wings clipped in Bangkok bust: Fleeing Australia on fake wings
The Thailand Immigration Bureau (IB) swooped to arrest Hells Angels chief Rodrigo Elices who fled Australia on a false passport on charges of drug trafficking, smuggling and firearms at a luxury apartment in Bangkok. Thai officials revealed that Elices entered the country last month using an Italian passport with a suspected false identity. Fingerprints associated with the Italian passport were…
- Thailand News
Thailand’s Transport Ministry plans to increase airport slots for summer season
A surge in foreign arrivals expected for the summer season has prompted the Transport Ministry to direct the Civil Aviation Authority of Thailand (CAAT) to expand the number of available airport slots. These slots, which denote the time-bound authorisation for airlines to take off and land, are set to be increased at key transport hubs, including Suvarnabhumi, Don Mueang, Chiang…
- Business News
Thailand’s exports predicted to see slight rise in 2024
The Thai National Shippers’ Council anticipates a slight upturn in Thailand’s exports, predicting an increase of 1%-2% for 2024, as per today’s disclosure. This estimate aligns with a prior forecast, underscoring the critical role exports play in the economic health of Southeast Asia’s second-largest economy. However, the current global demand climate has resulted in sluggish trade in recent times. Chaichan…
- Thailand News
Thailand tourism soars with 28 million visitors in 2023, dominated by Malaysia and China
A surge in international tourism has been witnessed in Thailand, with the Thai Minister of Tourism and Sports, Sudawan Wangsuphakijkosol, disclosing that over 28 million foreign tourists graced the country in 2023. This massive inflow of tourists contributed to an impressive income of over 1.2 trillion baht (US$35 billion). The leading countries, from where these tourists hailed, were Malaysia, with…
- Thailand News
Thailand mulls tax-free local alcohol to boost economy and tourism
A breaking development unfolded at 10.10am yesterday, January 2, with Thai Prime Minister Srettha Thavisin making a significant announcement after a Cabinet meeting centred on boosting international tourism and the national economy. The Thai government is contemplating overhauling the excise taxes and duties structures, with an eye on making Thai local alcoholic beverages tax-free and prompting a review of related…
- Thailand News
Thai MICE boom faces hurdles next year
Thailand‘s MICE (Meetings, Incentives, Conventions, and Exhibitions) industry, once on the brink, surged back to 80% of its 2019 glory this year, however, a looming slowdown in 2024 raises eyebrows. Thailand’s MICE industry is poised for a remarkable recovery, reaching 80% of its pre-pandemic revenue in 2019. President of Thailand Incentive and Convention Association (TICA), Sumate Sudasna, highlights Thailand’s allure as…
- Thailand News
Japan revs up Thai automotive industry: Major automakers inject 150 billion baht boost
In a move set to ignite Thailand‘s automotive industry, four major Japanese car giants are gearing up to pump a staggering 150 billion baht into manufacturing electric vehicles (EVs) in the country. This collaboration underscores Thailand’s ascent as a powerhouse in the automotive world and spotlights the government’s triumphant push towards an electrifying future. Four heavyweight Japanese automotive juggernauts are…
- Thailand News
Indian Parliament: Security breach sees teacher arrested (video)
Indian authorities have apprehended a man described as the key accused in the recent Parliament security breach that shocked the nation. Lalit Jha, a teacher who dramatically surrendered to the police in Delhi on December 14, marking a significant development in the unfolding scandal. The security breach, which occurred on the 22nd anniversary of a deadly militant attack on the…
- Thailand News
Thai tourism boom: 9,000 Chinese flock to Bangkok for game-changing conference
Thailand played host to a jaw-dropping 9,000 Chinese entrepreneurs, propelling the country into the limelight as the ultimate business and leisure destination. Amid the glitz and glamour of Bangkok’s Queen Sirikit National Convention Centre, the Tourism Authority of Thailand (TAT) held a conference on agricultural products and technology. Chinese agricultural and technology experts, as well as economic professionals, attended the…
- Thailand News
Thailand’s tourism tango: TAT’s mixed bag predicts foreign tourist influx but warns of a 400 billion baht revenue remix
The Tourism Authority of Thailand (TAT) released a mixed bag of updates, hinting at a potential foreign tourist surge but cautioning about a colossal revenue shortfall of 400 billion baht. TAT Governor Thapanee Kiatphaibool revealed that Thailand hosted 25.8 million foreign tourists from January to November this year, inching close to the 27 million target. However, with the high season…
- Business News
Thailand’s tourism revenue falls short of annual target
The Tourism Authority of Thailand (TAT) projected a shortfall in its annual tourism revenue target, with this year’s earnings expected to reach 2.07 trillion baht (US$58,773,427,200) instead of the projected 2.38 trillion baht. TAT Governor, Thapanee Kiatphaibool, attributes this shortfall to the sluggish performance of international tourism receipts, which were significantly lower than the state’s target of 1.6 trillion baht.…
- Business News
Combined tour packages: Thai proposal for Chinese tourists
Chinese tourists are the target of a new strategy suggested by Thai tourism operators, who propose selling combined tour packages to Thailand and Malaysia. This proposal comes in light of China granting visa exemptions to visitors from Malaysia and several European countries, but not Thailand. Songchai Mungprasithichai, president of the Songkhla Tourism Promotion Association, believes that since Hat Yai Airport…
- Tourism News
Doubts over Thai target of 8.2 million Chinese visitors in 2024
Analysts have expressed doubts over the Tourism Authority of Thailand’s (TAT) ambitious target of attracting 8.2 million Chinese visitors next year. This comes as predictions for overall foreign arrivals next year have been downscaled, amidst concerns over a sluggish global economy. Kasem Prunratanamala, who leads research at CGS-CIMB Securities in Thailand, stated that while the firm has kept its estimation…
- Thailand News
Thai official raises concern over Chinese film’s impact on tourism (video)
Puangpet Chunlaiad, Office Minister of the Prime Minister, raised concerns with Chinese Ambassador Han Zhiqiang about the potential impact of the Chinese film No More Bets on tourism in Thailand. The meeting took place at the Government House yesterday, November 27. Puangpet expressed her concerns about the movie’s portrayal of fraudulent activities, human trafficking, organ trading, call scams, and high-profile…
- Aviation News
Chinese airlines hit turbulence: Air China, China Eastern, Shanghai Airlines pump the brakes on December and January flights
Major Chinese airlines such as Air China, China Eastern, and Shanghai Airlines, slam the brakes on flights for December and January. Several Chinese airlines, notably Air China, China Eastern, and Shanghai Airlines, sent shockwaves through the travel industry by cancelling flights to Thailand for December and January. The root cause? A plunge in bookings mirrors China’s economic downturn and a…
- Business News
Thailand sees surge in airfares despite low travel season
Airfares in Thailand witnessed a substantial increase in the third quarter of this year, despite it traditionally being a low season for travel. This surge was driven by a robust travel demand. Thai AirAsia, for instance, observed a 22% year-on-year rise in its airfares during this period, while Bangkok Airways’ rates saw a 15% hike. The average fare price for…
- Business News
Thailand sees 5% tourism expenditure rise despite high living costs
The Tourism Authority of Thailand (TAT) predicts a 5% surge in tourism expenditure during this year’s Loy Krathong festival, amounting to a total of 6.1 billion baht. The anticipated increase comes despite the country’s locals exercising caution due to escalating living costs. TAT forecasts that the festival will witness around 2.04 million domestic journeys, a 10% rise from the previous…
- Thailand News
European tourists decline by 50% in Koh Kut amid global tensions
A drastic 50% drop in the number of European tourists visiting the Koh Kut district in Trat has been witnessed this year, as reported by the chairman of the Koh Kut administrative organisation. The chairman, who also operates a resort on the island, revealed that around 160,000 to 170,000 tourists visited the district last year, contributing to a revenue of…
- Thailand News
Thai deputy PM defends government’s initial performance amidst economic criticism
Thailand Deputy Prime Minister Phumtham Wechayachai defended the government‘s performance during its initial two months in office, amidst criticism that the economy has seen little to no improvement and the cost of living remains high. The deputy PM stated that the fruits of the government’s labour would not be noticeable until at least 100 days have passed, as many departments,…
- Business News
Potential slump for Thai stock market due to digital wallet scheme delay
The Thai stock market is facing a potential slump this month, following a 6.1% drop in October and a 17.2% decline year-to-date, due to potential delays to a significant digital wallet scheme and a slower-than-anticipated recovery in the tourism sector. Such concerns are sparking significant investor anxiety, according to industry analysts. Sompong Benjathepanan, the assistant managing director at AIRA Securities,…
- Business News
Thai economy’s Q3 bounce-back: Warming up after a cool Q2
The Thai economy’s growth rate for the third quarter of this year is anticipated to surpass that of the second, according to the Bank of Thailand. This forecast comes after the nation’s economic expansion fell short of the central bank’s estimations for the preceding quarter. Chayawadee Chai-anant, the assistant governor for the corporate relations group at the central bank, reported…
- Business News
Thai tourism bodies urge government to rebuild confidence with Chinese tourists
The Association of Thai Travel Agents (ATTA) and the Tourism Council of Thailand (TCT) called on the government to restore confidence in Chinese tourists via mainland tour agents, emphasising that this approach can guarantee tourist safety. TCT president, Chamnan Srisawat, suggested that the government should exercise caution before deciding on a permanent exemption from visas for the Chinese market. The…
- Business News
Thai government’s policy paradox: Digital wallet scheme and minimum wage hike under fire
The Thai government of Prime Minister Srettha Thavisin has faced significant challenges since coming to power seven weeks ago, with various commitments made during their campaign now under scrutiny. A crucial task includes the repatriation of Thai citizens affected by the Middle East conflict and the ongoing Israel-Hamas unrest. The Thai government’s promise to hike the daily minimum wage to…
- Tourism News
Thai tourism hit as gun violence prompts Chinese visitor cancellations
The Thai government has been urged to tighten gun control measures by Chiang Mai hoteliers and tourism entrepreneurs in the aftermath of the Siam Paragon shopping mall shooting on October 3. The incident, which resulted in the death of three people, including a Chinese tourist, and injured four others, has shaken the confidence of Chinese travellers in Thailand. The fallout…
- Tourism News
Tourism turmoil: Troubles in Israel & Bangkok’s bullet blues spell trouble for Thai tourism
The ongoing conflict in Israel and the recent shooting incident at Siam Paragon in Bangkok last week are anticipated to result in a decline in foreign arrivals for the upcoming week, which will have a substantial impact on the Thai tourism industry. Nevertheless, the private sector remains optimistic that the visa exemption scheme will play a crucial role in rejuvenating…
